A couple of decades ago, John Hendricks offered Comcast (NSDQ: CMCSA) serious equity in the new Discovery channel. The cable operator said no—and has spent much of the past few years trying to make up for the failure to recognize how important a stake in content would be to distributors.…

It’s the entertainment industry’s latest version of Where’s Waldo: what in the world is Peter Chernin up to? Working with Steven Spielberg on a sci-fi pilot for Fox, pitching movies, and, in today’s installment, possibly plotting a programming deal with Microsoft (NSDQ: MSFT) for an Xbox “TV” channel aimed at…

At some media companies, it is business as usual when it comes to exec salaries: —At News Corp (NYSE: NWS). newly appointed COO and president Chase Carey could earn as much as $43.1 million in his first year, in salary and bonuses, according to an SEC filing today, picked up…

Updated: Rupert Murdoch wanted Chase Carey back at News Corp (NYSE: NWS). as his second in command and he’s got him. Carey, who was a senior executive at News Corp. for 15 years with roles spanning the media empire, returns after six years as CEO of DirecTV (NYSE: DTV). Originally,…

*News Corp.* vet and *DirecTV* CEO Chase Carey could be headed back to the mother ship as the latest in a series of management shifts following Peter Chernin’s decision to leave as president and COO. TheWrap reported late Sunday that Rupert Murdoch wants to bring Carey, the company’s former co-COO,…

News Corp (NYSE: NWS). CEO Rupert Murdoch’s memo annoucing Peter Chernin’s departure: Dear Colleagues: Today, we are announcing that Peter Chernin, our President and COO, will not be renewing his employment contract. Peter will be taking up the opportunity to start a new motion picture and television production venture with…

Peter Chernin is leaving News Corp with the kind of severance package we may never see again, giving him a mix of commitment via a production deal and enough money to do what he wants—or doesn’t want—with the rest of his time. In addition to that deal and continuing to…

News Corp (NYSE: NWS). President and COO Peter Chernin announced his decision to leave the company in four months to his staff via a memo, which paidContent has obtained: I wanted to let you know that I have decided to leave News Corporation when my contract expires on June 30th.…

Below, some of the key details of Peter Chernin’s financial package: —Salary: In 2008 his base salary was $8.1 million, but his total compensation for the year ended up being $28.8 million—slightly more than his boss Rupert Murdoch, who earned $27.5 million. Outgoing President and COO Chernin didn’t receive any…

After hours of tom-tom beating, it’s official—News Corp President and COO Peter Chernin will leave on June 30, when his current contract expires. As expected, Chairman and CEO Rupert Murdoch did not announce a successor; the LA-based Fox businesses will report to him following Chernin’s departure. Murdoch’s statement from the…

Now that the Oscars are over, we can return to another favorite Hollywood guessing game: is Peter Chernin staying on as COO and president of News Corp.? Nikki Finke says the answer is no and I believe this time she’s right; although I’m not certain of all the ins and…

Yahoo (NSDQ: YHOO) hasn’t got a shot at nailing Peter Chernin as Jerry Yang’s successor in the CEO role, AllThingsD’s Kara Swisher reports, citing an unidentified source. Chernin, president and COO of News Corp (NYSE: NWS). is said to have refused entreaties from Yang and Yahoo chairman Roy Bostock to…

News Corp COO Peter Chernin is still in negotiations with his company about extending his contract beyond June next year, and isn’t sure whether he wants to stay there long term, reports the LAT, citing unidentified sources. In normal circumstances, he would have been re-upped for five years, but he…

Shares of News Corp (NYSE: NWS). have had a rough year, just like most of their peers, but key executives did well. According to its definitive proxy statement filed this evening, bonuses for CEO and Chairman Rupert Murdoch and COO Peter Chernin were both up this year compared to last.…

Peter Chernin, the COO of News Corp (NYSE: NWS). was on Charlie Rose show last night, a day before the media company announced its Q208 earnings (which we covered here and here). The one hour interview is embedded below, and the business-related discussion was captured well here by LAT blog.…

Peter Chernin, the COO of News Corp, is speaking at Fortune’s conference, and talked about MySpace’s effect on News Corp (NYSE: NWS). One example he gave: “If we did anything on Hulu it was about user experience…every decision we made was the lens of user experience. And that very much…

Asked during a press call today about cooling talks with Yahoo (NSDQ: YHOO), News Corp (NYSE: NWS) COO Peter Chernin replied quickly: “Saying talks have cooled overstates them ... I’m not sure I would ever characterize (conversations) as ‘talks.’ As for Microsoft, “we’re not in discussions with Microsoft (NSDQ: MSFT).…

First chairman and CEO Rupert Murdoch got defensive about Dow Jones (NYSE: NWS), then News Corp COO Peter Chernin hit the stories about Fox Interactive Media not making its $1 billion goal head on in today’s earnings call: “Yes, we will fall short of what were very aggressive initial projections…